Crypto Market Update: Bitcoin, Ether Values Pull Back as Traders Lock in Gains

Bitcoin and Ethereum price update

Bitcoin (BTC) was priced at US$115,446, a 2.5 percent decline in 24 hours. Its lowest valuation of the day was US$114,740, while its highest was US$118,514.

Bitcoin price performance, August 18, 2025.

Chart via TradingView

Bitcoin slipped around 2–3 percent over the past 24 hours amid widespread profit-taking following recent all-time highs and renewed US Producer Price Index data that dampened rate-cut expectations.

Ethereum (ETH) was priced at US$4,330.74, down by 4.6 percent over the past 24 hours. Its highest valuation of the day was $4,563.72 and its lowest valuation was US$4,239.27 at the start of trading.

Altcoin price update

Solana (SOL) was priced at US$182.12, down by 5.6 percent over 24 hours. Its lowest valuation of the day was US$180.47, while its highest valuation was US$195.10. XRP was trading for US$2.99, down 4.3 percent in the past 24 hours. Its lowest valuation of the day was US$2.95, and its highest was US$3.14. Sui (SUI) was trading at US$3.57, down by 7.3 percent over the past 24 hours. Its lowest valuation of the day was US$3.53, while its highest was US$3.89. Cardano (ADA) was trading at US$0.9089, down 6.6 percent over 24 hours. Its lowest valuation of the day was US$0.8967, while its highest was US$0.9746.

Today’s crypto news to know

Bitcoin, Ether, and other crypto stocks cool down after rally week

Bitcoin fell back on Monday (August 18) as traders locked in gains following last week’s record-breaking rally above US$124,000.

The world’s largest cryptocurrency was down about 2 percent to US$115,179, while Ether slipped 3 percent to US$4,335 and XRP declined 4 percent.

The dip follows a sharp run-up fueled by optimism around crypto ETFs and new regulatory developments, including President Donald Trump’s executive order earlier this month permitting retirement accounts like 401(k)s to include digital assets.

Crypto-related equities mirrored the pullback, with shares of mining and crypto firms all down roughly 2 percent in premarket trading. Analysts suggest the selling is a typical retracement after a parabolic move and may signal rotation from spot crypto to other risk assets.

Gemini, Winklevoss twins files for Nasdaq listing

Gemini, the crypto exchange founded by Cameron and Tyler Winklevoss, has formally filed to go public with plans for a Nasdaq listing under the ticker “GEMI.”

The registration statement, however, did not specify how many shares will be offered or at what price range, leaving those details for later.

Founded in 2014, Gemini says it has processed US$285 billion in lifetime trading volume and custodies over $18 billion in digital assets as of June 30.

In their filing, the twins framed crypto as entering “a new Golden Age,” emphasizing their vision of financial markets moving increasingly on-chain. They described Gemini as a “Super App” for digital assets, offering trading, custody, and broader crypto financial services under one platform.

If successful, Gemini would join Coinbase as one of the few US exchanges to list publicly, offering investors direct equity exposure to crypto market infrastructure.

Amdax unveils Bitcoin treasury firm, plans Euronext Amsterdam Listing

Amsterdam-based Amdax announced plans to list a new Bitcoin treasury firm, Amsterdam Bitcoin Treasury Strategy (AMBTS), on the Euronext Amsterdam exchange.

The company says the goal is to create a vehicle that holds Bitcoin long-term on behalf of institutional and private investors, reflecting growing corporate adoption of digital reserves.

CEO Lucas Wensing noted that more than 10 percent of Bitcoin’s supply is already held by corporations, governments, and institutions, suggesting a structural shift in how the asset is used.

Bitcoin’s rally of 32 percent in 2025, alongside pro-crypto regulatory momentum following President Donald Trump’s election, has reinforced the case for such vehicles. AMBTS plans to raise capital in a private round before listing, with a long-term target of accumulating at least 1 percent of total Bitcoin supply.

The move could make Euronext Amsterdam a more prominent hub for European digital asset investment products, challenging London and Frankfurt.